Tag: #China
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Anticipated Trends in China’s Economy for 2024: Insights from a Press Conference on March 6, Featuring Prominent Chinese Speakers
Image: By Xinhua On the afternoon of March 6, the second session of the 14th National People’s Congress held an economic-themed press conference. Director of the National Development and Reform Commission Zheng Shanjie, Minister of Finance Lan Fo’an, Minister of Commerce Wang Wentao, Governor of the People’s Bank of China Pan Gongsheng, and Chairman of…
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Navigating China’s Economic Outlook: Anticipating a Downturn or a Renewed Market Confidence?
Written by: Marián Šeliga As the Lunar New Year in China officially starts today (February 10), we would like to undertake a comprehensive summarization of China’s economic performance in 2023. Additionally, forecasting for the upcoming year is essential. This analysis gains heightened significance in light of the escalating scepticism towards China’s economy. Contents: 1. China’s…
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Chinese developer EVERGRANDE is in trouble. Are we on the brink of another financial crisis?
People watching the stock markets have certainly noticed that the Chinese property developer Evergrande’s liquidity crisis shook stock markets in Asia, Europe and the US. On monday the shares of Evergrande fell by almost 10% and the bad trend will continue. (The shares of Evergrande have already fallen by 80% this year). Yesterday’s slump in…
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